Employers asking for Facebook passwords

After reading the article on employers asking for Facebook passwords I can understand that an employer would want access to view the profile on a social network of a potential employee because they an get  better sense of who you are. But I feel that they should see what everyone else is allowed to see. Giving them the password is out of the question.If you give your password to a company or future employer how do you know your information will be protected and kept out of the wrong hands? You don't, do you. Everyone has the right to privacy and if there is something you are not willing to share with family and friends why would you give it to a company with complete strangers? You wouldn't now would you.  If your password gets in the wrong hands your privacy, personal information and identity could be at risk. For me this is a risk I will not take. If this will cause me not to get the job or cause me to lose my current job then so be it there are other company's and employers what are willing and understand the need for privacy. My Facebook profile is set to public I have nothing to hide but I don't feel an employer has the right to any personal account password.